Ventures Platform, a leading Nigerian VC firm, is setting its sights on broader African horizons. With notable successes in Nigeria like Piggyvest and Paystack, the firm is now investing in key strategic markets across Africa. Discover how Ventures Platform is shaping the future of African startups.

Cartona, an Egyptian B2B e-commerce platform, has successfully raised $8.1 million despite a cooling investor interest in the sector. With a focus on FMCG and HORECA, Cartona is leveraging its asset-light model to enhance efficiency and expand its market presence. Discover how this startup is navigating the competitive landscape and driving digital transformation in Egypt's retail market.

Jumia's market value has soared to $1.32 billion, signaling renewed investor confidence. The e-commerce giant's shares surged 55% in just five days, driven by strategic restructuring under new leadership. Is Jumia set for a remarkable turnaround?

🌍 Tanzania’s Amsons Group has made a bold move to acquire Kenya's Bamburi Cement from Swiss firm Holcim for $182.89 million. This acquisition not only highlights the potential for substantial growth through foreign investment but also positions Amsons as a significant player in East Africa’s economy. 🚀

'Seismic' changes in Africa's venture capital scene propel Kenya to the top in H1 funding, as East Africa surpasses other regions, hinting at a broader shift in investor focus across the continent.

While the clean energy sector draws significant global foreign investment to Africa, particularly green hydrogen, solar, wind, and battery manufacturing, this is not Africa's only drawcard. Rapid economic growth and a fast-growing, youthful population are also driving investment in the continent. Here, bird story agency looks at the 10 countries that drew the most foreign direct investment (FDI) in 2023.

DP World plans to invest US$3 billion in expanding ports across Africa in the next 3 to 5 years - a response to the increasing global demand for Africa's critical minerals. This surge in investment extends beyond ports, encompassing crucial railway infrastructure that links mines to ports.

Egyptian investtech startup Bokra is set to revolutionize wealth management in the MENA region with its innovative app, focusing on goal-based investment through asset-backed securities. With a strong foundation and impressive pre-seed funding, Bokra aims for rapid expansion into Saudi Arabia and the UAE right after its launch. Discover how Bokra plans to empower individuals and SMEs with personalized financial planning and investment solutions.

TymeBank, Africa's fastest-growing digital bank, is on the verge of securing $150 million in Series D funding. This ambitious move aims to propel its valuation to unicorn status and fuel its expansion into new markets, including Indonesia, by the end of the year. With a profitable track record and strategic partnerships, TymeBank is poised for significant growth.

n a strategic shift, BlackRock's iShares Frontier ETF, valued at $400 million, is set to exit Nigeria and Kenya. This move highlights the increasing challenges in frontier markets, with currency issues and economic instability driving foreign investors away.

May brought a funding windfall for African startups, with US$187 million raised, signaling that better days are still ahead for the continent's VC scene.

An Indian port operator's investment in Tanzania's Dar es Salaam port is the latest evidence of growing competition among global investors for a foothold in Africa's port sector, highlighting Africa's emergence as a player in global trade

At the Africa CEO Forum 2024 in Kigali, leading African women business leaders discussed funding challenges linked to gender inequality. The forum also highlighted some of the initiatives financial institutions are taking to close the financing gap.

🌟 OpenseedVC, a London-based venture capital firm, is making waves with its $10M fund aimed at empowering operator-led startups across Africa and Europe. With a focus on providing early-stage funding and invaluable expertise, OpenseedVC is set to transform the startup landscape. Discover how this innovative VC firm is championing a diversified and inclusive portfolio, especially for female-led startups.

Nigeria unveils plans for a Startup House in Silicon Valley to strengthen investment ties and elevate the country's startup landscape, aiming to leverage the Bay Area's vibrant tech ecosystem.

Africa's workout and fitness culture is thriving and with its growth, it is attracting international gym service providers and global fitness challenges. This marks a monumental shift in the continent's health and wellness landscape.

Discover how Swypex, backed by Accel, is transforming corporate card solutions in Egypt, targeting a market worth over $10 billion, and why its innovative approach is catching investors' attention.

In this bird TenX, Seth Onyango looks at the top African tech industries attracting venture capital funding.

Barely a fortnight after TLcom’s huge US$154 million fund II closure, unicorn-backed Norrsken22 announces plans to ramp up its investments in African fintech.

Discover how Productive Use of Renewable Energy (PURE) technologies, including solar irrigation and cold chain solutions, are gaining investor interest despite a downturn in global off-grid solar sector funding.

Barely a fortnight after TLcom’s huge US$154 million fund II closure, unicorn-backed Norrsken22 announces plans to ramp up its investments in African fintech.

Can Mauritius replicate its financial services success in the tech industry? Discover how the island nation is fostering innovation and overcoming challenges to become Africa's next tech hub.

A recent report highlights a significant shift in global investment dynamics favouring the services sector, with analysts predicting a positive impact for intra-African services.

Flourish Ventures' Madica program intensifies its investment efforts in Africa, targeting up to 30 startups by the end of its three-year program, with a focus on underrepresented founders and diverse sectors.

Egyptian startup bluworks raises $1 million in pre-seed funding to revolutionize blue-collar HR-tech solutions, aiming to streamline processes and reduce turnover rates.